HB1474
Retail Sales and Use Tax; exceptions for aircraft dealers.
Status:
Killed
Latest Action:
Feb. 18, 2026
House: Left in Finance
Chief Patron:
Israel O'Quinn (R)
Session:
2026 Regular Session
Summary
As Introduced. Virginia aircraft sales and use tax; exception for dealers.
Provides that the tax levied and imposed upon the retail sale of every aircraft sold in the Commonwealth and upon the use in the Commonwealth of any aircraft required to be licensed by the Department of Aviation under the Virginia Aircraft Sales and Use Tax Act shall not apply to ... (More) such sale or use by a dealer, defined under law as any person owning five or more aircraft during the calendar year who the Tax Commissioner finds is in the regular business of selling aircraft. The bill contains technical amendments. (Less)-
Bill History
- 01/23/2026 - House: Presented and ordered printed 26105593D
- 01/23/2026 - House: Referred to Committee on Finance
- 01/30/2026 - House: Placed on Finance Agenda
- 02/06/2026 - House: Assigned HFIN sub: Subcommittee #2
- 02/08/2026 - House: Fiscal Impact statement From TAX (2/8/2026 6:49 pm)
- 02/10/2026 - House: House subcommittee offered
- 02/10/2026 - House: Placed on Finance Agenda
- 02/11/2026 - House: Placed on Finance Agenda
- 02/18/2026 - House: Left in Committee Finance
- 02/18/2026 - House: Left in Finance
